International Congress On Technology And Technology Exchange Proceedings 1984

Author : Istvan Tuba
Publisher : iUniverse
ISBN 13 : 059534450X
Total Pages : 306 pages
Book Rating : 4.5/5 (953 download)

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Download or read book The Third Resource written by Istvan Tuba and published by iUniverse. This book was released on 2005-03 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: A nation's commonly held ideas about economics determine success or failure of that society to meet its basic needs and promote a steadily increasing standard of living and quality of life in a safe and secure environment for its members. We examine and explain basic differences and similarities between the USSR-led Soviet/Communist/Socialist and the USA-led Democratic/Free Market/Capitalistic economic ideologies. Initiated by the ill-fated 1956 Hungarian Revolution against the USSR, certain new ideological concepts resulted. From the ruins of one dominating system (USSR) and another surviving successful one (USA), it was possible to create a new Universal Ideology of Economics (UIE). This UIE could be understood by anyone on this earth and educated to believe in any previously-defined political or economic ideologies and should replace all political ideologies. The Third Resource for new wealth creation, i.e., human-generated resources, which consist of technology and strategic capital, renders unnecessary all local and regional conflicts. Human-generated resources continually expand, transfer easily, and are unlimited. The USA's success over USSR was based on taking advantage of The Third Resource although, at the time, we did not use that name. The continued, peaceful, unlimited development of the world depends on recognizing and using The Third Resource.